XML 35 R17.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Disclosures
 6 Months Ended
Jun. 28, 2015
Segment Reporting [Abstract]  
Segment Disclosures
Segment Disclosures 
The Company’s segments are based on the organizational structure for which financial results are regularly evaluated by the Company’s chief operating decision makers (the Company’s Chief Executive Officer and Chief Operating Officer) to determine resource allocation and assess performance. The Company’s seven reporting segments are: (1) Americas Commercial, (2) Americas Professional and Technical (“Americas PT”), (3) Europe, Middle East and Africa Commercial (“EMEA Commercial”), (4) Europe, Middle East and Africa Professional and Technical (“EMEA PT”), (5) Asia Pacific Commercial (“APAC Commercial”), (6) Asia Pacific Professional and Technical (“APAC PT”) and (7) Outsourcing and Consulting Group (“OCG”). 
The Commercial business segments within the Americas, EMEA and APAC regions represent traditional office services, contact-center staffing, marketing, electronic assembly, light industrial and, in the Americas, substitute teachers. The PT segments encompass a wide range of highly skilled temporary employees, including scientists, financial professionals, attorneys, engineers, IT specialists and healthcare workers. OCG includes recruitment process outsourcing (“RPO”), contingent workforce outsourcing (“CWO”), business process outsourcing (“BPO”), payroll process outsourcing (“PPO”), executive placement and career transition/outplacement services. Corporate expenses that directly support the operating units have been allocated to the Americas, EMEA and APAC regions and OCG based on a work effort, volume or, in the absence of a readily available measurement process, proportionately based on revenue from services.
The following tables present information about the reported revenue from services and gross profit of the Company by segment, along with a reconciliation to consolidated earnings before taxes, for the second quarter and June year to date 2015 and 2014. Asset information by reportable segment is not presented, since the Company does not produce such information internally nor does it use such data to manage its business.
 
Second Quarter
 
June Year to Date
 
2015
 
2014
 
2015
 
2014
 
(In millions of dollars)
Revenue from Services:
 
 
 
 
 
 
 
Americas Commercial
$
651.3

 
$
661.1

 
$
1,292.7

 
$
1,274.3

Americas PT
246.2

 
244.2

 
479.0

 
480.6

Total Americas Commercial and PT
897.5

 
905.3

 
1,771.7

 
1,754.9

 
 
 
 
 
 
 
 
EMEA Commercial
195.7

 
237.0

 
374.0

 
458.9

EMEA PT
42.9

 
49.7

 
83.2

 
97.4

Total EMEA Commercial and PT
238.6

 
286.7

 
457.2

 
556.3

 
 
 
 
 
 
 
 
APAC Commercial
90.3

 
86.5

 
175.9

 
169.5

APAC PT
10.3

 
10.0

 
20.8

 
18.6

Total APAC Commercial and PT
100.6

 
96.5

 
196.7

 
188.1

 
 
 
 
 
 
 
 
OCG
165.0

 
137.9

 
314.5

 
272.3

 
 
 
 
 
 
 
 
Less: Intersegment revenue
(16.7
)
 
(15.9
)
 
(34.5
)
 
(30.3
)
 
 
 
 
 
 
 
 
Consolidated Total
$
1,385.0

 
$
1,410.5

 
$
2,705.6

 
$
2,741.3

 
Second Quarter
 
June Year to Date
 
2015
 
2014
 
2015
 
2014
 
(In millions of dollars)
Earnings from Operations:
 
 
 
 
 
 
 
Americas Commercial gross profit
$
95.9

 
$
96.5

 
$
193.7

 
$
188.3

Americas PT gross profit
42.1

 
39.0

 
81.0

 
78.8

Americas Region gross profit
138.0

 
135.5

 
274.7

 
267.1

Americas Region SG&A expenses
(112.6
)
 
(112.6
)
 
(226.1
)
 
(222.1
)
Americas Region Earnings from Operations
25.4

 
22.9

 
48.6

 
45.0

 
 
 
 
 
 
 
 
EMEA Commercial gross profit
26.8

 
34.5

 
51.4

 
67.4

EMEA PT gross profit
9.1

 
11.3

 
17.8

 
22.4

EMEA Region gross profit
35.9

 
45.8

 
69.2

 
89.8

EMEA Region SG&A expenses
(34.2
)
 
(43.1
)
 
(67.7
)
 
(85.0
)
EMEA Region Earnings from Operations
1.7

 
2.7

 
1.5

 
4.8

 
 
 
 
 
 
 
 
APAC Commercial gross profit
11.2

 
11.7

 
24.2

 
24.0

APAC PT gross profit
2.7

 
3.3

 
5.6

 
6.1

APAC Region gross profit
13.9

 
15.0

 
29.8

 
30.1

APAC Region SG&A expenses
(12.3
)
 
(15.8
)
 
(24.4
)
 
(30.1
)
APAC Region Earnings from Operations
1.6

 
(0.8
)
 
5.4

 
—

 
 
 
 
 
 
 
 
OCG gross profit
35.7

 
32.9

 
71.2

 
65.5

OCG SG&A expenses
(32.2
)
 
(31.1
)
 
(64.9
)
 
(62.5
)
OCG Earnings from Operations
3.5

 
1.8

 
6.3

 
3.0

 
 
 
 
 
 
 
 
Less: Intersegment gross profit
(1.2
)
 
(1.1
)
 
(2.3
)
 
(2.1
)
Less: Intersegment SG&A expenses
1.2

 
1.1

 
2.3

 
2.1

Net Intersegment Activity
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
Corporate
(20.7
)
 
(20.7
)
 
(38.2
)
 
(40.6
)
Consolidated Total
11.5

 
5.9

 
23.6

 
12.2

Other Expense, Net
1.0

 
0.3

 
3.5

 
2.0

 
 
 
 
 
 
 
 
Earnings Before Taxes
$
10.5

 
$
5.6

 
$
20.1

 
$
10.2